210 Washington Avenue S in Elbe
| Listing ID: | 2168370 (Multi-Family) |
|---|---|
| Listing Price: | $1,330,000 |
| Days on Market: | 217 |
Details | |
| Bed / Bath: | 0.00 / 0.00 |
| Lot Size: | 0.41 acre (18,000 sqft) |
Washington South Apts. is a fully renovated, turn-key, garden-style 6-unit community with additional upside potential. The property was recently modernized through a renovation of the interiors and exteriors. Current in-place rents are 7% below the market rate. The oversized bathrooms allow for a future investor to put washers and dryers in the individual units. Adding washers and dryers is estimated to increase rents by an additional 15%. An investor could also capitalize by adding an additional 2-4 units on the unused portion of land.
This listing is provided courtesy of NWMLS, contributed by Kidder Mathews.
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